Homepage / Bullion Coins: Australian Coins / 1 kilo. Australian Gold Kangaroo


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Updated on 03/31/2024

1 kilo. Gold Australian Kangaroo
(Nugget)
Bullion Coin


1991 - Present



In 1986, the Perth Mint introduced its first gold bullion coin series, The Australian Nugget, shortly after the American Eagle gold bullion coin series was introduced by the U.S. Mint.

The Australian Nugget gold bullion coin series started with the 1oz., 1/2oz., 1/4oz. and 1/10oz.-sized coins. For the first three years of minting, the reverse side of these gold bullion coins featured the design of a large Gold Nugget found in Australia.

In 1990, the reverse design changed for the 1oz. and fractional bullion coins to a Kangaroo, plus the Perth Mint added the 1/20oz.-sized bullion coin to the popular series.

However, even though the reverse side of the coin changed from a nugget to a kangaroo in 1990, it wouldn't be until 2008 when the Perth Mint officially changed the name of the gold bullion coin from "The Australian Nugget" to "Australian Kangaroo."

In 1991, the Perth Mint added three more gold bullion coins to the series, the 1-kilo., 10oz., and 2oz. coins, all sharing the same reverse design as today's 2024 1-kilo. Gold Australian Kangaroo.

The 1-kilo. gold bullion coin's design has remained unchanged since its inception in 1991, unlike the 1oz. and fractional-sized bullion coins.

The smaller versions of the Gold Australian Kangaroo bullion coin receive a new design each year for the coin's reverse side.

The Perth Mint stopped minting the 10oz., 2oz. and 1/20thoz. Australian Kangaroo Gold bullion coins in 2009.

Due to the gold bullion coin's proof-like finish and its limited mintage figures, the Gold Australian Kangaroo (Nugget) bullion coin has become one of the Perth Mint's most sought-after bullion coins, and it has the potential to appreciate beyond the value of its gold content.





Design of the
1 kilo. Gold Australian Kangaroo
(Nugget) Bullion Coin



Obverse

The direction of the monarch's face is a subtle difference between the 2023 and 2024 Gold Australian Kangaroo bullion coin.

On the 2023 Australian Kangaroo, the late Queen Elizabeth II is facing the right, whereas the 2024 Australian Kangaroo portrays the new King of England, Charles III, as facing the left.

Switching the direction a monarch faces on British Commonwealth coinage is a tradition that dates back to the 17th century for the British Royal Family.

2024 1 kilo. Australian Kangaroo Gold bullion coin - Obverse Side

The obverse side of the 1 oz Gold Australian Kangaroo bullion coin portrays the profile of His Majesty, King Charles III, designed by David Thorne. 

Inscriptions:

  • CHARLES III
  • AUSTRALIA
  • •  3000 DOLLARS  •  (face value)
  • DT - designer's initials under the King's profile

Note:  In the first year (1991), the 1-kilo bullion coin had a face value of "10000 DOLLARS." From 1992 to the present day, the 1-kilo bullion coin has had a face value of "3000 DOLLARS."

Obverse side photo provided courtesy of The Perth Mint








Reverse

2024 1 kilo. Australian Kangaroo Gold bullion coin - Reverse Side Showing its Edge

The reverse of the 1-kilogram Australian Kangaroo gold bullion coin depicts the classic artistry of the iconic Red Kangaroo surrounded by stylized rays of sunlight.

Inscriptions:

  • AUSTRALIAN KANGAROO
  • weight of "1 KILO"
  • purity of "9999 GOLD"
  • Year of Issue "• 2024 •"
  • P125 - the Perth Mint's 125th Anniversary mint mark
  • RED KANGAROO

The edge on the gold bullion coin is reeded.

Reverse side photo provided courtesy of The Perth Mint





1 kilo. Gold Australian Kangaroo
(Nugget)
Coin Information



Introduced:..........1991

Ofcl. Coin Name..."The Australian Nugget" 1991 - 2007

Ofcl. Coin Name..."Australian Kangaroo" 2008 - present

IRA Approved:......Yes

Face Value:..........$10,000 AUD (1991)

Face Value:..........$3000 AUD (1992 - Present)

Gold Content:.......1 troy kilo.

Total Weight:.......2.2lbs. / 32.151 troy oz.

Purity:.................99.99% / .9999

Karat:..................24 karat

Diameter:............75.60 mm

Thickness:...........13.90 mm

Designers:...........Jody Clark (obverse)

Mint Mark:............1991 - 2007 - No

Mint Mark:...........2008 - Present - Yes  (P = Perth Mint)

Edge:..................Reeded






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1 kilo. Gold Australian Kangaroo
(Nugget) Bullion Coin
- Mintage Figures



Year....Sales....Mintage


1991....8,743....unlimited....Red Kangaroo


1992....5,108....unlimited....Red Kangaroo


1993....1,007....unlimited....Red Kangaroo


1994....2,533....unlimited....Red Kangaroo


1995....850......unlimited....Red Kangaroo


1996....463......unlimited....Red Kangaroo


1997....808......unlimited....Red Kangaroo


1998....1,487....unlimited....Red Kangaroo


1999....397......unlimited....Red Kangaroo


2000....132......unlimited....Red Kangaroo


2001....113......unlimited....Red Kangaroo


2002....61.......unlimited....Red Kangaroo


2003....133......unlimited....Red Kangaroo


2004....120......unlimited....Red Kangaroo


2005....189......unlimited....Red Kangaroo


2006....154......unlimited....Red Kangaroo


2007....131......unlimited....Red Kangaroo


2008....185......unlimited....Red Kangaroo


2009....140......unlimited....Red Kangaroo


2010....149......unlimited....Red Kangaroo


2011....143......unlimited....Red Kangaroo


2012....191......unlimited....Red Kangaroo


2013....311......unlimited....Red Kangaroo


2014....206......unlimited....Red Kangaroo


2015....151......unlimited....Red Kangaroo


2016....113.......unlimited....Red Kangaroo


2017....105.......unlimited....Red Kangaroo


2018....123.......unlimited....Red Kangaroo


2019.....177.......unlimited....Red Kangaroo


2020.....108.......unlimited....Red Kangaroo


2021.....61.......unlimited....Red Kangaroo


2022.....46.......unlimited....Red Kangaroo


2023.....n/a.......unlimited....Red Kangaroo


2024.....n/a.......unlimited....Red Kangaroo


Mintage figures were last updated on 03/28/23

We are waiting on the Perth Mint to update their mintage figures.




Australian Kangaroo (Nugget) Gold
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